Global

Details

  • Service: Tax, International Corporate Tax, Global Indirect Tax, International Executive Services, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 3/8/2013

United Kingdom - Budget, 2013 Finance bill update 

March 8:   This year, Budget day in the UK is 20 March 2013. While one can never be certain what will be announced on Budget day, it is anticipated that an update of measures announced last year will be included in the 2013 Finance Bill (due to be published on 28 March 2013). These measures have been subject to consultation, and any final changes could be announced in the Budget.

Read more about Budget 2013 from the KPMG member firm in the UK.


Read a March 2013 report [PDF 142 KB] prepared by the KPMG member firm in the United Kingdom: Weekly Tax Briefing (8 March 2013)


Today’s KPMG report provides summaries of the following items:


  • The Trustees of British Telecom Pension Scheme v. HMRC (issues include payment of tax credits for certain dividends elected to be foreign income dividends)
  • RTI – IR35 taxpayers (status of workers as employees)
  • Changes to company car advisory fuel rates
  • New Spanish reporting requirements - assets held outside Spain
  • Statutory residence test
  • VAT: Wheels and Others C-424/11 – CJEU Judgment (management services provided to pension funds; exemption from VAT)
  • Amendments to the community amateur sports club (CASC) rules



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